Government Incompetence: Obama says he wants jobs for the U.S., but spends $1.1 million on a Canadian made bus

It’s called Ground Force One, a $1.1 million dollar bus made in Canada, and used by the Obama administration.

There’s also a Ground Force Two, because your government bought two of these behemoth buses.  And your taxes paid for them!

Ground Force Two is actually being called Stagecoach. But don’t blame Obama, the second bus will […] Continue Reading…

Government Incompetence: Spanish taxpayers forced to pay for Catholic Pope’s visit

“We criticize this scandalous show at a time of such a terribly distressing economic situation, with entire families unemployed.”-Evaristo Villar, Christian Networks

The Pope is visiting Spain, and the taxpayers are paying for it, to tune of U.S.$70 million to $150 million.  This comes at a time when 20% of Spaniards are unemployed.

One […] Continue Reading…

Global Economic War: China sells record number of Yuan bonds, pushing to dominate bond market and influence the Yuan as the New World Currency

A record amount of Chinese government bonds have been issued in Hong Kong.  And investors are buying them up.

Several types of yuan based bonds, which mature between 2 and 10 years, were sold, totaling U.S.$3.1 billion, a record.

This was the third Chinese yuan bond issue in Hong Kong.

Demand was so high for this latest […] Continue Reading…

Corporate Incompetence: TEPCo knew explosion could occur, but just didn’t want to believe that it would!

In a case of hear no evil, see no evil and speak no evil, a Japanese government investigation into the corporate mind of Tokyo Electric Power Company revealed that officials just couldn’t believe the worse case scenario could happen at Fukushima Daiichi.

TEPCo officials admitted that they discussed the possibility of explosions inside the reactor […] Continue Reading…

Government Incompetence: Social Security lists 14,000 living people as dead, every year, can you check to see if your really dead?

The U.S. Social Security Administration has been listing as many as 14,000 people, who are alive, as being dead and cutting off payments.

Between 2007 and 2010, 36,657 living people were declared dead.  I wonder if that’s had any affect on consumer spending?

Living people who’re declared dead by the Social Security Administration not only lose […] Continue Reading…

What Economic Recovery? Idaho Poverty rates highest in the U.S., new report also insults single parents

“We need to really be concerned about the growing number of children in poverty. Our poverty rates are growing faster than the rest of the nation and that has long-term consequences.”-Lauren Necochea, Idaho Kids Count

The latest Kids Count survey found Idaho leading the country in poverty rates for children.  The national average […] Continue Reading…

Corporate Incompetence: Nuclear Plant workers say Reactor 1 was already melting down even before the Tsunami hit, decreasing radiation levels due to fuel rods being washed away

Many workers who were at the Fukushima Daiichi nuclear plant the day of the 11 March 2011 quake and tsunami, say reactor 1 was already in trouble and possibly melting down, immediately after the 9.0 quake.

“There’s certainly a great deal of evidence that appears to suggest that the first reactor, reactor number one, was […] Continue Reading…

Operation BART: U.S. Media says no transit shutdown, U.K. Media says 4 BART stations shut down, who’s right?

August 16, protestors shut down four of San Fransisco’s BART stations, according to media in the United Kingdom.  Yet the San Fransisco Chronicle says no such shutdown took place!

August 17, the San Fransisco Chronicle published an article titled “No BART protests”.  The article claims that BART service was not interrupted by any protestors: “Tuesday’s […] Continue Reading…

Government Incompetence: Plastic Recycling actually destroying environment in China, government shut it down, now as many as 70,000 people in one city are unemployed

So much for saving the environment by recycling plastic bottles.  One city, Wen’an, serves as the plastic recycling center for Beijing.  The problem is that the process of recycling plastic was actually destroying the local environment.

The recycling is done by very small businesses, or even families, and their processes of recycling plastics has destroyed […] Continue Reading…

Dumb Americans, like Frogs in a Boiling Pot: New study shows economic inequality in the U.S. as bad as some African countries, yet most U.S. citizens think everything is fine

Psychologist Dan Ariely designed a test, a test to see how much the average Joe in the United States knows about their own country’s income equality, or lack of.

Not surprisingly, to me anyway, the overwhelming majority (in the 90% range) of U.S. citizens still think the U.S. is equal when it comes to income […] Continue Reading…

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